Senior Chinese official Liu He also stressed China's ambition to advance the reform and opening up at a faster pace in his speech.

LIU HE, GENERAL OFFICE DIRECTOR CHINA'S FINANCIAL & ECONOMIC AFFAIRS CENTRAL LEADING GROUP "China has to advance reform and opening up at a faster pace. China will further integrate with international trade rules and ease market access. China will also substantially open up the services sector and the financial sector in particular, and create a more attractive investment environment. We believe long-term economic growth requires open and inclusive institutional arrangements and orderly elements. China will adhere to the going out policy, by sticking to expanding two-way investments and trade with other countries and building up an open economy around the world."